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Designed as a primer to be read cover to cover, The Law Office Guide to Purchasing provides guidance in evaluating your firm's malpractice insurance needs so that you make informed decisions on the coverages available. Separate chapters walk you through the process how to locate insurance, how to fill out the applications, how to evaluate competitive bids and acquire the right coverage on favorable terms, and how to maintain and use your insurance.
The guide will also help you identify the most important considerations in selecting among policies, even providing you with a Checklist for Buying Legal Malpractice Insurance, which highlights the principal concerns. The Insurance Coverage Charts let you compare the contract language of standard policy forms offered by the various primary professional liability carriers across the country. Simply put, The Law Office Guide to Purchasing demystifies all of the components in the process of purchasing legal malpractice in an evolving market, making it one of rational, lawyer-consumer choice, rather than an exercise of faith